West coast sand mine steps up production
Lochaline Quartz Sand Limited is set to double its production and increase annual turnover by more than £2.6m.
The Deal comprises a combined investment of £100m from both the UK and Scottish governments, and local partners including Highlands and Islands Enterprise (HIE).
Carroll Buxton, interim chief executive at HIE said: “Today’s signing is an important step in securing the long-term economic future of Moray and we are very pleased to play a part in delivering the deal.
“The investment will support projects that create opportunities to build on the local economy and diversify it to ensure that we have jobs for the future in our Moray communities. It will help support projects that promote innovation, drive growth and help deliver sustainable and inclusive economic recovery across the whole of Moray.
“We look forward to working closely with our partners to deliver projects in the Moray Growth Deal to bring important benefits over the next few years. These include the Moray Aerospace, Advanced Technology and Innovation Campus (MAATIC) and the Manufacturing Innovation Centre for Moray (MICM) which will support the growth of this key sector of the Moray economy.
Read more in Moray Council’s news release here https://newsroom.moray.gov.uk/news/gbp-100-million-investment-in-moray-endorsed-as-moray-growth-deal-signed
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